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Article: It's a family business.(Management)
- Article from:
- Qualified Remodeler
- Article date:
- March 1, 2005
- Author:
CopyrightCOPYRIGHT 2005 Cygnus Business Media. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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RECENTLY, AFTER I FINISHED LEADING a workshop, a beleaguered looking attendee named Bob asked me for advice. After spending several minutes listening to his tale of woe, I stopped his monologue to ask a critical question. "Is this a family business with a couple of high school buddies tossed in for good measure?" The answer was a resounding "Yes!"
Because family relationships can become intertwined with business operations, a family business can drive anyone nuts and strain everyone's patience.
If you have this problem, don't despair. Many family businesses run smoothly and profitably. With imagination and fortitude, they have found ways to implement ...